NOT LISTED FOR SALE
-- Bed
5 Baths
2,296 Sq Ft
0.25 Acres

Last Sold July 21, 2017

Last sale price $450,000 $196 Per Sq Ft

48 Days on Market

Highlights

  • Property is near public transit
  • Fenced
  • Heating System Mounted To A Wall or Window
  • No HOA

About This Home

As of July 2017

LOCATION, LOCATION, LOCATION! This wonderful 5 units multifamily is located in the heart of desirable St Pete Beach! Great location for an income producing property, with LOTS of POSSIBILITIES! Only a couple blocks from the beach. Walking distance to downtown, shops, restaurants and Gulf Blvd area. This is a well maintained property, with a great rental history, very easy to rent year around to long term tenants or to do a seasonal/ vacation rentals. All units are 1 bed / 1 bath, currently rented for the same tenants for more than 3 years with month to month leases. Current rent rate for similar units in the area is $950 - $1,050!! ** The property on the back end of the lot (fully rented Triplex) owned by the same seller and can be bought together. Property together with 6875 Blind Pass Rd (MLS: U781848) gives owner approximately 19,576 SqFt/ 0.44 acers lot size. Properties are back to back.

Last Agent to Sell the Property

Yuri Kats

License #3312998 Listed on: 05/12/2017

Last Buyer's Agent

Toni Russell

RUSSELL PROPERTY GROUP LLC License #3239149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 1948

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 116x99
  • Fenced

Home Design

  • 2,296 Sq Ft Home
  • Shingle Roof
  • Block Exterior
  • Stucco

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Assessor Parcel Number 36-31-15-34776-002-0040

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Gulfwinds Sub Subdivision

Building Details

  • Operating Expense $12,700
  • Gross Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,021

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Living Area: 2296
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1948
  • Lease Term: Month To Month
  • Lot Size Sq Ft: 11069
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 195.99
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Levels: One
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fence, Other
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Lead Paint
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12103C0276G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Parcel Number: 36-31-15-34776-002-0040
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit, Paved
  • Lot Dimensions: 116x99
  • Flood Zone Code: AE

Rental Info

  • Total Actual Rent: 4750

Multi Family

  • Gross Income: 57000
  • Number Of Units Total: 5
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 5021
  • Tax Block: 2
  • Tax Book Number: 24-29
  • Tax Lot: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2017 10/22/17 Off Market $450,000 -- --
07/21/2017 07/21/17 Sold $450,000 -2.2% $196 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $460,000 -- $200 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,348 $550,000 $418,337 $131,663
2024 $10,881 $910,000 $628,200 $281,800
2023 $10,881 $885,000 $639,096 $245,904
2022 $9,679 $750,000 $521,928 $228,072
2021 $8,631 $577,400 $0 $0
2020 $7,380 $432,327 $0 $0
2019 $6,771 $390,000 $219,649 $170,351
2018 $6,151 $345,000 $0 $0
2017 $5,367 $305,000 $0 $0
2016 $5,021 $285,000 $0 $0
2015 $4,645 $255,000 $0 $0
2014 $4,236 $233,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: U7818627

Stellar MLS
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